How long do care home give you to sell flat

This thread is 2 yrs old.

A friend of mine has just sold her mums bungalow after it being for sale 18 months . The home will defer the payments. I’m not sure if they charge interest.
You can keep the property and let it out to help with the cost although the rent wouldn’t go far towards the care home fees.

The system is utterly corrupt. Most care homes are owned by hedge funds whose only concern is with their greedy shareholders and investers. Any money you can keep out of their hands is a plus.

I know people who have done a deferred payment scheme with social services but they charge interest on top.

Your Mum’s income was similar to my Mum’s except Mum had no private pension. Her Care home cost about £1,000 a week.

I know people who have tried to be clever by putting the house in other people’s names or using a dodgy Trust but they have been caught out and have had to pay up. I researched this extensively and also knew a retired senior social worker who told me about some tricks people tried on her to avoid paying care home fees.

arthurbell

How do you choose after retirement a good healthcare home?

From experience of choosing for both my mother and my FiL, you just visit lots of them. And cross off the list any that ask you to make an appointment just for an initial look around. Any good care home should be happy for you to visit at any reasonable time - but not at mealtimes, when staff are usually extra busy.

Newatthis

There is a law firm (in Birmingham I think) deals with cases like this. My MiL spent almost two years in a care home and never paid thanks to the law firm and the cost to my husband was jsut around £4000 I think - well spent money in the end.

So who do you think paid for her care?
Perhaps it was other residents who were self funded and paid full whack?
Perhaps it was the council who are funded by the public. So basically paid for by us?

Oh and she didn’t need to sell her house because her husband still lives there

You must get you’re mil a social worker who will give her a financial assessment my sil had about £60,000 and she self contributes a little of her weekly income, pensions etc the council pays the rest - good luck

www.ageuk.org.uk/information-advice/money-legal/

This is a link to AgeUk - their info is pretty straight forward to understand

How do you choose after retirement a good healthcare home?

Sago

She is eligible for attendance allowance and carers allowance, your local council will arrange a deferred payment scheme.
Contact Adult Social Care dept.

Not carer's allowance. This is only paid to the carer up to state retirement age as it is intended to compensate for not being able to work. The higher rate attendance allowance will be payable though, so you may find that the shortfall is not as horrific as it sounds

There is a law firm (in Birmingham I think) deals with cases like this. My MiL spent almost two years in a care home and never paid thanks to the law firm and the cost to my husband was jsut around £4000 I think - well spent money in the end.

here is the link to the Age UK Factsheet /
www.ageuk.org.uk/information-advice/care/paying-for-care/

MIL went into a home in 2019 , cost £1400 per week, she had enough savings to last her for a few weeks, but the Nursing Home Owner knew that my sister in law had POA and that MILs house had been put up for sale. That was a condition of her being allowed to stay there.
the Home Owner was given the valuation of the house from the Estate Agents as well, so they knew that the money was there.
Because we knew the house had to be sold quickly we had to go with the first offer that looked as though it would go through, until it sold the bills were put onto account, when the house sold (MIL had died by then) the bill was settled.
However, if the money had run out, then MIL would have had to be moved to a Local Authority home, but we knew that by then she wouldn’t have known much about it.
Her pension was paid to the home as it came in.

Thank you all

We haven’t had much involvement in her care as there is a feud in the family
Sister is power of attorney and she as taken it over. SS have been involved for a while
The first we new was when dp got call from other sister to say she’d gone into care that day. Dp was only there on weds this was fri
But you can’t get any sense from mil, she forgets what’s been said 2 minutes later

The cost I got wrong, I’ve just had a look it’s
£1250 a week for dementia patients
I know she gets her
Government pension
Pension credit
Private pension tiny £50 mth
Attendance allowance

So does all of those get added up and she puts the shortfall to herself?
If that’s the case, the 1k won’t last long at those prices will it

She is eligible for attendance allowance and carers allowance, your local council will arrange a deferred payment scheme.
Contact Adult Social Care dept.

I have enquired about this for my mother who has her own home, which is of low value.
You can arrange with the local council for a deferred payment scheme, where in effect you have an agreement to borrow the money from them and repay when the house is sold.
In my mothers case they have a say in which home is chosen, I understand because they are left with responsibility for payment when money runs out.
It was recently reported that private funders pay around 40% more for care home fees than those funded by LA.

SS will do a financial assessment. I am surprised that they have placed her in such a expensive home, as, should she live a substantial length of time, SS would become responsible for her fees - although most homes have different fees for private and SS residents - same care though.

It should be that SS will cover her fees (if she has no savings, or very low savings) while she is selling her property - she will then owe them the money back. During the interim, SS will effectively "take" the majority of her income towards her fees, leaving her with a small amount of "pocket money."

Do go onto the Age Concern website - they have lots of information there.

Does anyone have Power of Attorney for your MIL? There is no way she will be able to work her way through the financial minefield without help. Have you met the social worker? I think you need to make an appointment with them asap.

What is the home like? Do you feel happy with her being there?

Good luck with it all.

There is a cut of point, can’t remember what the exact amount is , I think it’s about £10, 000 .